Technical
Financial
Distress signals
Property profile

1614 Shotwell St Bainbridge, GA 39819

OFF-MARKET
Retail space
Property ID
US22-3248343
41,829 SF 5.63 ac lot Built 1980
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5.63-acre commercial property in Bainbridge, Georgia, presents a lucrative investment opportunity. Located at 1614 Shotwell St, in Decatur County, zip code 39819 (30.9037213, -84.5504764), the property boasts a substantial 22,000 square foot climate-controlled storage facility currently operating at 98% occupancy. The facility comprises 144 individual storage units and includes 1,260 square feet of hallways and entryways. An additional 9,000 square feet of office space is also included within the existing structure. The property's current configuration offers immediate income generation, while the remaining acreage provides significant potential for future development. Phase II plans include an additional 8,200 square feet of climate-controlled storage, leveraging the existing infrastructure and expanding the facility's capacity. The asking price for this turnkey operation is $3,400,000. This property is ideal for investors seeking a strong return on investment in a thriving Georgia market. The existing facility's high occupancy rate demonstrates the strong demand for climate-controlled storage in the area, making this a compelling opportunity for growth and expansion.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction TYPE NOT SPECIFIED
Total area 41,829 SF
Lot 5.63 ac (245,243 SF)
APN B0680-001-B00
UPID US22-3248343

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility
  • Apartment Building

Location

1614 Shotwell St Bainbridge, GA 39819-4348
Bainbridge metro Census 970600 BAINBRIDGE, GA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2005
1 recorded transaction
2005
$525,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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